policy makers, it is positive that this election was largely peaceful. more than 80% turnout, people waiting in lines for hours. there is concern, though, with chavez's direction, both domestically, he supplies 10% of the u.s. oil. he says he wants to sell more to china, less to the u.s. but real concerns about chavez's foreign policy. over the past several years, he's built a strong alliance with iran. that's something he intends to continue. so that's a worrying spot for u.s. policy makers. >> shep: steve harrigan, thank you. we're getting a warning from washington that chinese companies are doing business in america and that they could be spying on us along the way. you may have seen this story on "60 minutes" last night. it began with a yearlong investigation. lawmakers say two of china's top telecommunications firms pose a security risk because of their deep ties to the chinese government. there is no doubt they have equipment that no one else have. he's used for electronic eavesdropping and they have the means, opportunity and motive to use telecom